₦airaland Forum

Na cult people

The Nigerian Ports Authority said the Federal Ministry of Works, Power and Housing prevented it from fixing some parts of the deplorable Apapa port access roads.

The agency spoke in reaction to wide condemnation by some port stakeholders, following a recent incident where a 40-foot container fell on three cars in Lagos.

The General Manager, Corporate and Strategic Communications, NPA, Jatto Adams, said NPA had indicated willingness to fix some parts of the road leading to the port.


In a social media comment, Adams expressed NPA’s concern over the difficulties suffered by port users and the various losses they incurred as a result of the very poor state of the roads leading to the largest port in West Africa.


He said, “While this incident is regrettable, it is on record that the present management of the Nigerian Ports Authority, under the leadership of Hadiza Bala-Usman, had before now written series of letters to the Federal Ministry of Works, Power and Housing to hand over the port axis of the road to NPA for complete reactivation at NPA cost to no avail.
“It took the personal intervention of the MD to involve Dangote and Flour Mills with NPA counterpart funds to re-construct the Wharf road from Leventis to Apapa port.

“The NPA is not unmindful of the havoc and damage this road is causing the port operations and the revenue loss, albeit the sufferings to the port users but as stated the management is handicapped and not that nothing is being done.”
A recent video that went viral showed three imported cars being crushed by a fallen cargo-laden container.
Speaking on the issue, a maritime and logistics expert, Tunji Olaosun of Hermonsfield, said NPA could not be blamed for not fixing the roads as it was not its legal duty to do so.

“By law, NPA is not responsible for fixing roads. If not that the government has promulgated a law permitting private firms to partake in road construction, a private firm would be committing a crime if it takes up repairs or rehabilitation of any road in the country,” he said.


https://punchng.com/federal-ministry-stopped-us-from-fixing-apapa-road-npa/

I don't even know him

Too much talk

Lalasticlala

By Mark Zuckerberg:

Today, Facebook is coming together with 27 organizations around the world to start the non-profit Libra Association and create a new currency called Libra.

Libra's mission is to create a simple global financial infrastructure that empowers billions of people around the world. It's powered by blockchain technology and the plan is to launch it in 2020. You can read more about the association here: https://libra.org

Being able to use mobile money can have an important positive impact on people's lives because you don't have to always carry cash, which can be insecure, or pay extra fees for transfers. This is especially important for people who don't have access to traditional banks or financial services. Right now, there are around a billion people who don't have a bank account but do have a mobile phone.

We aspire to make it easy for everyone to send and receive money just like you use our apps to instantly share messages and photos. To enable this, Facebook is also launching an independent subsidiary called Calibra that will build services that let you send, spend and save Libra -- starting with a digital wallet that will be available in WhatsApp and Messenger and as a standalone app next year.

Calibra will be regulated like other payment service providers. Any information you share with Calibra will be kept separate from information you share on Facebook. From the beginning, Calibra will let you send Libra to almost anyone with a smartphone at low to no cost. Over time, we hope to offer more services for people and businesses -- like paying bills with the push of a button, buying coffee with the scan of a code, or riding local public transit without needing to carry cash or a metro pass.

In addition to our efforts, many other companies will build their own services using Libra -- from payment companies like Mastercard, PayPal, PayU, Stripe and Visa, to popular services like Booking, eBay, Farfetch, Lyft, Spotify and Uber, to non-profits doing important work around financial inclusion like Kiva, Mercy Corps and Women's World Banking, to companies in the crypto space like Anchorage, Coinbase, Xapo, and Bison Trails. A number of leading Venture firms are also joining to help drive innovation on the Libra network. We're hoping to have over 100 cofounding members of the Libra Association by the time the network launches next year.

All of this is built on blockchain technology. It's decentralized -- meaning it's run by many different organizations instead of just one, making the system fairer overall. It's available to anyone with an internet connection and has low fees and costs. And it's secured by cryptography which helps keep your money safe.

This is an important part of our vision for a privacy-focused social platform -- where you can interact in all the ways you'd want privately, from messaging to secure payments.

Privacy and safety will be built into every step. For example, Calibra will have a dedicated team of experts in risk management focused on preventing people from using Calibra for fraudulent purposes. We'll provide fraud protection so if you lose your Libra coins, we'll offer refunds. We also believe it's important for people to have choices so you'll have the options to use many other third-party wallets on the Libra network.

There's still a lot more to learn and do before Libra will be ready to officially launch. We know it's a major undertaking and responsibility -- and we're committed to getting this right. We've been working with policymakers and experts in areas like financial inclusion, economics, security, privacy and blockchain, and we'll continue listening to their feedback as we figure out the best way to move forward. We're thankful for their partnership, and for all the businesses, organizations, and academic institutions that are part of the Libra Association.

This is the beginning of an exciting journey and I'm looking forward to sharing more soon.

So now na by force??

Anthony Youdeowei, Chief Executive Officer of Ikeja Electric, has warned that consumers who fail to procure prepaid meters would no longer enjoy electricity supply.

He said this at the launch of its Meter Asset Provider (MAP) scheme in Ikorodu, Lagos.

The CEO who was represented Ugochukwu Obi-Chukwu said the Nigerian Electricity Regulatory Commission (NERC) mandate was for every Disco to meter all consumers under its network, saying Ikeja Disco was all out to carry out the effective implementation of the directive.

MAP is a NERC approved meter vendor whose responsibility is to fund, procure and install meters on behalf of an electricity distribution company. Under the MAP regulation, they are also expected to maintain and ensure the integrity of the meters.

Obi-Chukwu explained that CIG Metering Assets Nigeria Limited, New Hampshire Capital Limited, and Mojec International Limited have been licensed by NERC to procure and install meters for IE customers under the MAP scheme.

He said contrary to insinuations that prepaid meters are free, Obi-Chukwu disclosed that procurement of same remained the responsibility of electricity consumers while customers applying for prepaid meters are expected to visit map.ikejaelectric.com to register.

Giving a breakdown of the cost implication, he said a single phase meter is N38,850 while a three-phase meter would cost N70,350 inclusive of five percent Value Added Tax (VAT) of N1,850 and N3,350 respectively.

He disclosed that the target of Ikeja Electric was to meter about 30,000 consumers monthly which will be in phases, starting with customers under Shomolu, Abule-Egba and Ikorodu Business Units.

According to him, the deployment and installation of prepaid meters to customers in Ikorodu, which will be carried out by one of its MAPs, New Hampshire Capital limited, will commence on June 17, 2019, following the successful registration and subscription for meters by thousands of customers spread across Ikorodu and Epe.

http://saharareporters.com/2019/06/15/no-prepaid-meter-no-electricity-supply-nigerias-electricity-company-warns-customers

Is dat a liver or d load to Riverpool

Wey er pix

I don't think she wl b happy about this news... when I watched d repeat of the show last night, that part had been edited off

I finally got recognized on f.p. after 26 Topics

If appointed, Ambode wld b one of the best Ministers

Following reports that President Muhammadu Buhari is considering the former governor of Lagos State, Akinwunmi Ambode as a minister in his second term, the All Progressives Congress (APC) in the state has vowed not to allow the presidency to reward Ambode’s disloyalty.

Herald Nigeria gathered that the position is being fronted by party men loyal to the National Leader of the ruling party, Asiwaju Bola Tinubu, the same group that edged our Ambode in favour of Babajide Sanwo-Olu.

Top party chiefs in the Mandate Group accused the ex-governor of frustrating many party members in Lagos State during his tenure and there was, therefore, the need “to teach him a lesson.”
Consequently, the aggrieved party men were said to be making moves to petition the Economic and Financial Crimes Commission (EFCC) over Ambode’s alleged financial misappropriation and corruption.

One of the party sources, who spoke to The Punch, said, “Ambode tried to destroy the party in his first term. Apart from not being accessible, he revoked contracts belonging to party members and brought in his own companies. He tried to destroy our chances by trying to undermine Sanwo-Olu at every turn.

“He did not campaign for us. Rather, he was following Buhari all over the place. He should not expect to represent Lagos in any capacity. We will not allow him have any appointment.”
Another source said, “Ambode is from Ondo State and he cannot deny it. Yes, he was governor in Lagos State but the constitution allows that. However, the constitution states clearly that only an indigene of a state can represent that state as far as ministerial appointments are concerned.

“We will ensure that the three senators from Lagos State block his nomination in the event that he is nominated by the President. There must be party discipline.”

The source said a probe of Ambode’s administration would soon commence where the cases of alleged fraud and abuse of office would be exposed.

However, a former aide to Ambode said, “Ambode is already prepared for the worst since they have already humiliated him. Buhari even appealed to them to let Ambode return as governor but they refused. They then tried to impeach him but they failed.

“They should remember that Ambode was a permanent secretary and accountant-general of the state before becoming a governor.

“He knows the secrets of all those making threats. Anybody who is on a mission of revenge could be digging his own grave in the process. I won’t say more than that.”


https://www.herald.ng/we-will-never-allow-ambode-to-become-a-minister-lagos-apc-vows/

https://www.youtube.com/watch?v=gr-XlKRJxfE

Wtf is he

Him no get current picture??

Evidence that you ain't relating well with him

NL mods, pls stop banning me for no reason.
I shared a new topic today from herald newspaper, u banned me, & now d topic has been deleted & I still can't comment on politics
Oga seun!

Nwankwo we know!

Na here you stay marry.. hope no b Yahoo tinz

Rep yr profession..

Wetin baggy funny here??

Use & take it back to the shop

The Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria earned a total of $236.15bn, which translates to N84.96 trillion from petroleum exports over the last five years

In specific values, OPEC, in its 2019 Annual Statistical Bulletin, put exports at $75.196bn in 2014; $41.168bn in 2015; $27.295bn in 2016; $37.983bn in 2017, and $54.513bn in 2018.

In 2018, the value of the country’s petroleum exports was the sixth biggest in the 14-member group, behind Saudi Arabia’s $194.358bn, UAE’s $74.94bn, Iraq’s $68.192bn, Iran’s $60.198bn and Kuwait’s $58.393bn.

It said, “The population of OPEC member countries increased by almost 11 million last year, with Nigeria, Iraq and Angola adding 5.3 million, one million, 0.52 million inhabitants, respectively, thus bringing the OPEC MCs’ share of global population to 6.64 per cent (up from 6.57 per cent in 2017).

It said, “The share of OPEC MCs petroleum export revenues to GDP has decreased by around six percentage points over the last five years. Declines have been registered in all OPEC MCs, as local governments commissioned a number of initiatives and programmes to promote the development of high value-added non-oil industries, including manufacturing and services.”
“Over the last four years (2015–18), this ratio has been between 78 per cent and 85 per cent, which is between 20 and 15 percentage points higher, as against the same ratio in years of comparable oil prices (2005, 2006, 2007 and 2009),” it added.

The year 2018 was said to have seen substantial global supply growth as total oil liquids production increased significantly by 2.60 million barrels per day, outpacing oil demand growth by more than one million bpd in 2018.

“The increase was once more driven by outstanding production gains in North America, particularly in the United States. In contrast, crude oil production from OPEC member countries, as well as from other non-OPEC countries, showed declines,” the group said.

The report also noted that crude oil production showed a drop of around 400,000 bpd last year, compared to 2017.

“With regard to countries with increasing oil production in 2018, output expansions were clearly driven by North America, notably by the United States. Oil supply in the US increased by around 2.3m bpd in the year 2018, representing almost 80 per cent of total non-OPEC supply growth,” OPEC said.



https://www.herald.ng/nigeria-earns-n85-trillion-from-exporting-crude-oil-in-five-years-opec/

What of Apapa? D best time to acquire property there

Something wey dem plan

Some of us shared stuff with our siblings, while others never did. Don't expect someone who was not brought up that way to accept it comfortably

Oldage don dey show

Members of the House of Representatives have allegedly been promised $50,000 each to elect Hon. Femi Gbajabiamila as Speaker of the House.

This followed the circulation of an Automated Teller Machine (ATM) card allegedly being distributed to members by supporters of the former Majority Leader of the House, who represents Surulere Constituency 1.

A leading journalist, Nicholas Ibekwe, shared photos of the card on Twitter on Tuesday, as members prepare to elect Hon. Yakubu Dogara’s replacement.


e captioned the photos: “Some lawmakers are alleging that this cards are being distributed to members of the House of Representatives to vote for the persons whose names appear on it.

“They claimed that they were promised that the cards will be credited with $50k each once their votes are confirmed.”

See tweet:



https://www.herald.ng/gbajabiamila-group-allegedly-promises-members-50k-each-for-voting-him-photos/

They all got theirs